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Benefits of Reverse Mortgage

  • Receive a lump sum of cash or monthly payments for life.
  • No Income Taxes paid on the cash.
  • Cash can be used however you choose.
  • No income, credit or health qualifications.
  • The HECM Reverse Mortgage is insured by FHA/HUD.
  • No repayment as long as you live in your home.
  • You retain the ownership of the property.
  • Social Security and Medicare benefits are NOT affected.
  • Your heirs receive the remaining equity after the lender is paid.
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